Last week in the news
Fed kept interest rates unchanged during the previous week, with Powell`s note that they have “probably '' peaked, showing Fed`s final alignment with the market. Their decision had a modest impact on financial markets during the previous week, considering that it has been widely expected. The US equity indices continued to move around...
Last week in the news
A new week and a new ATH for the S&P 500 during the first trading month in a year. Positive market optimism continues to be supported with expectations on forthcoming Fed rate cuts. On the other hand, the ECB meeting held during the previous week revealed potential for April`s rate cuts in the Euro Area. At the same time, USD, US Treasuries...
Last week in the news
The market optimism continues to hold on financial markets for the second trading week in a year. The S&P 500 reached new all-time highs, surpassing the highs from the year 2022, reaching level of 4.840 on Friday. As USD gained a bit in strength, the US Treasury yields followed the path, while Gold remained relatively stable during the...
Last week in the news
At the start of this year Bitcoin reached another important milestone in its further acceptance into the mainstream. During the previous week the US Securities and Exchange Commission approved the first spot BTC Exchange Traded Fund. Through this milestone, BTC managed to secure its future on the mainstream markets. How it will secure the...
Last week in the news
Markets are slowly heating up after a Holiday break and summary of last year's results. For the majority the year 2023 was a positive one, although with a glimpse of turbulence. Gold managed to finally break the $2K psychological line, ending the year above $2.050 level. The S&P 500 also managed to reach new highs at the end of the year, in...
Last week in the news
During the previous week the Western markets were preparing for the forthcoming Holiday session before the year-end. The positive market sentiment continued to prevail on the markets, as traders were preparing to book profits this year. The US equity markets were closed higher from the week before, with S&P 500 closing the week at yearly...
Last week in the news
Both the FED and the ECB left the rates unchanged during the previous week. The US Treasury yields slipped further in expectation of rate cuts, while US equities finished another week in green. The USD lost some in value, while Gold gained on a weaker dollar. The crypto market eased during the previous week, where Bitcoin slipped toward $...
Last week in the news
The strong resilience of the US economy continues to support market optimism, after the latest posted US jobs data for November. The USD gained during the week as well as both US and EU equities. While Gold is trying to get back into correlation with USD, US Treasury yields continued with a decline. The crypto market continues to be...
Last week in the news
December started in a positive tone on financial markets. Gold hit new yearly highs above $2K, in expectation of Fed's rate cut during the course of 2024, while US equities reached this year`s highs for one more time, on the same assumption. The crypto market is still under expectations of the approval of the first spot BTC ETF, where the...
Last week in the news
Due to Thanksgiving holiday in the US, the markets were relatively calm but in a positive mood during the previous week. Bets on Fed`s pausing were supporting the price of Gold and, at the same time, weakening of the US Dollar. Regardless of the negative news for Binance, the crypto market was traded mostly in green where Bitcoin managed for...
Last week in the news
Inflation data was driving the markets during the previous week. US equities finished the week slightly higher from the week before, while Treasury yields continue to slow down. While the US Dollar weakened slightly, the price of Gold reverted once again toward the $2K as markets are betting on further Fed`s pause on monetary tightening....
Last week in the news
Fed Chair Powell's speech one more time impacted the market sentiment, where EU equities finished the week lower, while positive sentiment still holds the US equities. Gold and commodities eased during the previous week, as well as 10Y US Treasuries. The crypto markets continue to be under impact of the ETF frenzy, which might continue to...
Last week in the news
The Fed has temporarily stopped further increase of interest rates, as per Fed Chair Powell, but the market perceives that interest rates have topped. The US equities started November with a positive sentiment, as well as US Treasury bonds. Gold was testing $2K resistance during the whole week, amid geopolitical tensions. The crypto market...
Last week in the news
The US stock market continued with its correction cycle, losing 10% from its peak in July this year. The ECB left rates unchanged, as expected, but it did not help EU stocks to gain during the previous week. At the same time, Bitcoin reached its resistance level at $35K, amid news on a potential approval of the first ETF. For the second...
Last week in the news
Geopolitical risks and Fed`s mimicking to the markets are continuing to shape the sentiment of investors. The US 10Y Treasury yields reached 5% for the first time since 2007, US equity markets were traded lower, while Gold is traded near $2K. The crypto market also had a positive week, with Bitcoin headed back toward $30K. It was a week full...
Last week in the news
Increased geopolitical tensions in the Middle-East impact some volatility on financial markets, as they represent concerning events for investors around the globe. The US equity markets finished the week in green supported by the US economic data. Treasuries have eased due to the same reason, while the crypto market continues with its side...
Last week in the news
The market star of the previous week were US Treasury bonds, which continued with drop in prices, reaching 16 year lows, in an aim to adjust to the new Fed narrative. Equities were trying to adjust to this new sentiment on bonds, but still finished the week in green territory. The crypto market continues to be side traded, while gold was...
Last week in the news
“Higher for longer” continued to shape investors sentiment, ending September in losses. During the last trading week of the month, equity markets both in the EU and the US continued with correction, while US Treasury yields continued to be elevated, reaching higher levels from the 2008 financial crisis. The S&P 500 finished the month some...
